The government has strongly stated that it will not pay any Menzgold customer with state money and has urged aggrieved customers to seek redress in court.

A statement signed by the Information Minister, Kojo Oppong Nkrumah, said the customers since April 2016 ignored several warnings by the Bank of Ghana and the Securities and Exchange Commission not to do business with Menzgold.

According to government, even though it sympathises with misfortune of the customers, it will only ensure that CEO of the troubled gold firm Nana Appiah Mensah is arrested and prosecuted according to the laws of the country.